2026 multibagger smallcap stock jumps another 10% after Rs 1,437-crore Vedanta Aluminium order

Bluspring Enterprises shares jumped another 10 percent after winning a Rs 1,437-crore contract from Vedanta Aluminium Metal for comprehensive operations and maintenance of its 1,215 MW captive power plant, valid for five years from August 1, 2026. This follows a separate Rs 406.43-crore maintenance contract the company secured from Vedanta Power last month for a 600 MW thermal power plant. Separately, Emkay initiated coverage on Vedanta Aluminium Metal with a Buy rating and a Rs 550 target price, citing a constructive medium-term aluminium outlook with global deficit likely through CY28.